Gold & Silverbeta

December 11, 2012

The definitive group for discussing all things related to the precious metals

A resourceful community for those who hold, plan to purchase, or are helplessly infatuated with gold & silver

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By davefairtex on Sun, Mar 1, 2015 - 1:30am

PM End of Week Market Commentary - 2/27/2015

On Friday gold rose +4.40 to 1213.70 on moderately light volume, while silver was up +0.05 on light volume.  PM continued its slow move higher, with both gold and silver moving above their respective 9 EMA lines but without much vigor.

The next resistance line gold faces is its 50 MA.  Right now, gold does not look to be in any sort of hurry to get there.

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